I am also that many years old, and I don’t think your analogy holds for this particular situation.
The exact same sticks/model #’s of RAM cost $200 last year, now costs $950. I don’t remember existing CPU’s ever going up in price by 5x (300-400% increases).
My point was never about cpu price, but that the pressures that made prices fall eventually faltered/stopped. Down 97.5% and then up 400% is still down 90%...